iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,240 shares, a growth of 177.6% from the September 15th total of 1,167 shares. Based on an average trading volume of 19,385 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in iShares Global Consumer Discretionary ETF stock. Bessemer Group Inc. raised its position in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Free Report) by 110.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,525 shares of the company’s stock after buying an additional 3,942 shares during the quarter. Bessemer Group Inc. owned approximately 0.56% of iShares Global Consumer Discretionary ETF worth $1,403,000 as of its most recent filing with the Securities and Exchange Commission.
iShares Global Consumer Discretionary ETF Stock Down 0.8%
RXI traded down $1.54 on Wednesday, reaching $187.51. The company had a trading volume of 1,079 shares, compared to its average volume of 13,522. iShares Global Consumer Discretionary ETF has a 1 year low of $180.68 and a 1 year high of $213.77. The stock has a market capitalization of $300.02 million, a PE ratio of 19.64 and a beta of 1.07. The stock has a 50-day moving average price of $194.17 and a 200-day moving average price of $195.07.
About iShares Global Consumer Discretionary ETF
iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.
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